The BTC price is trading in a short-term range between $4400-$5600. On March 13 and 16, the BTC price made a double bottom near $4600. The double bottom is considered a bullish reversal pattern. However, it was not entirely textbook. The first bottom was characterised by a very long lower wick that reached a low of $3782 (depending on the exchange). However, the...
Hey Guys A blessed Day! WHAT ARE WE LOOKING INTO? - we are looking @ 1D Chart where BULLISH DIVERGENCE occurs. StochRSI shows the Higher Lows from February 4th - 19th indicating OVERSOLD, Wherein Price Action shows in the same dates Lower Lows. - on the 18th of February MA50 crosses above the MA200 indicating GOLDEN CROSS - Starting January 2020 the Market shows...
STML has formed a classic bullish divergence in which the price is making lower lows while the oscillator associated (in this case the RSI) is making higher lows. Another 'hidden' version of this exists and i am doing my best to try find an example of this.
The audbgn pair may indicate the end of a downward trend, which may move price to 0.75 fibonacci level. Technically RSI and price action are showing a bullish divergence which inreases probabilities of an impending bullish run.
Looks to me like we are in a normal flag after a large bullish impulse wave and are testing the bottom of the flag for the last time. - Price has been flagging after big bullish impulse wave - Price is at a previous horizontal support level - Price is retesting downward support line and has just achieved a 4H bullish pin bar right on the support line with a...
Hidden Bullish Divergence on BINANCE:CMTBTC with MA200 reclaimed seems like this is gonna be an easy reversal back to these previous highs. Entry: 0.00000211 Target 1: 0.00000226 Target 2: 0.00000246 SL: 0.00000203 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments....
Amarin had a gap down on July 18th that created an Island Reversal pattern. The stock saw another gap down on August 9th. AMRN has pulled back a couple of times after filling the gap creating a double-bottom & a base for the stock. Once again the stock price is testing the top of this fill level but with stochastics reading overbought I would expect another...
This pattern is complete and confirmed with divergence. RSI also starting to show higher highs Entry: 1.313 Target: 1.139 Stop: 1.310 Dont forget to like the post, and comment with your thoughts below! May God bless
- Bullish divergence formed - RSI needs to break resistance line - Extra confirmation if it closes above 50
Ichimoku also provides a small gap, similar to the situation at beginning of august. My target is 10200, small correction and continuation till 10900-11300. Lets see what will happen. This is not a trading advice.